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You liked the script? Try it in the MetaTrader 5 terminal

maenv_02b.mq5 (10.46 KB) view

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Optimistic trader may enter the market when the price crosses the blue line.

More reliable entry will be when the price crosses the yellow line.

When the price comes back and crosses the red line you can open a position in the course of price movements.

If the price is moving between aqua lines - stay out of the market.

MA-Env indicator

Trading signals module for MQL5 Wizard. SilverTrend_Signal indicator's color dot serves as a market entry signal.

Trading signals module for MQL5 Wizard. The moment, when ColorJFatl indicator changes its color, indicates the time for market entry.

Price on Bollinger Channel

The indicator draws (in a separate window) the Bollinger Bands relative to the moving average and projection of the price bars.

Objects Description Activator

Enables the "Chart Objects Description" for non-programmers. For any open chart window.

MA-Env - indicator for MetaTrader 5